Burlington Riverfront Entertainment is located in Burlington, IA. The organization was established in 2018. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Burlington Riverfront Entertainment employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burlington Riverfront Entertainment is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Burlington Riverfront Entertainment generated $703.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $755.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION AND ADVANCEMENT OF ACTIVITIES AND PROGRAMS THAT PROVIDE COMMUNITY ENRICHMENT INCLUDING BUT NOT LIMITED TO: FUNDRAISING, MANAGEMENT, AND ENHANCEMENT OF RIVERFRONT PROPERTIES OF BURLINGTON, IOWA, AND ENSURING CONTINUED OPERATION OF FACILITIES FOR THE BENEFIT OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF ACTITIVITIES ON RIVERFRONT PROPERTY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike O'neil Executive Di | Trustee | 40 | $72,701 |
David Kroll Assistant Di | Trustee | 40 | $46,950 |
Dana Johnston President | OfficerTrustee | $0 | |
Matt Mcchesney Secretary | OfficerTrustee | $0 | |
Megan Bell Vice Preside | OfficerTrustee | $0 | |
Matt Brown Treasurer | OfficerTrustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $127,555 |
All other contributions, gifts, grants, and similar amounts not included above | $292,109 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $419,664 |
Total Program Service Revenue | $160,971 |
Investment income | $12 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $53,237 |
Net Gain/Loss on Asset Sales | -$908 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $70,167 |
Miscellaneous Revenue | $0 |
Total Revenue | $703,143 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $119,651 |
Compensation of current officers, directors, key employees. | $36,350 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $67,646 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $12,921 |
Payroll taxes | $15,538 |
Fees for services: Management | $8,864 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $46,224 |
Office expenses | $4,983 |
Information technology | $418 |
Royalties | $0 |
Occupancy | $4,738 |
Travel | $199 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,884 |
Insurance | $29,381 |
All other expenses | $3,098 |
Total functional expenses | $755,825 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $50,256 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,860 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $11,608 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $66,428 |
Total assets | $130,152 |
Accounts payable and accrued expenses | $21,704 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $21,704 |
Net assets without donor restrictions | $108,448 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $130,152 |
Organization Name | Assets | Revenue |
---|---|---|
Minnesota Historical Society Saint Paul, MN | $261,681,031 | $58,257,393 |
Navy Pier Inc Chicago, IL | $199,546,550 | $62,194,092 |
The Barack Obama Foundation Chicago, IL | $693,835,698 | $159,957,411 |
Pioneer Home Incorporated Fergus Falls, MN | $18,276,562 | $17,034,682 |
Liberty Memorial Association Kansas City, MO | $35,751,544 | $14,461,883 |
Steel Founders Society Of America Crystal Lake, IL | $6,567,517 | $7,560,615 |
Colonel Il James N Pritzker Library For The Citizen Soldier Chicago, IL | $30,735,848 | $6,408,136 |
Hoyt Sherman Place Foundation Des Moines, IA | $25,209,028 | $4,318,549 |
The Durham Museum Omaha, NE | $15,389,425 | $5,410,421 |
American Opinion Foundation Inc Appleton, WI | $4,682,811 | $5,136,878 |
Clover Fields Preservation Foundation Inc Minneapolis, MN | $10,552,332 | $5,740,196 |
Frank Lloyd Wright Trust Chicago, IL | $6,763,209 | $2,823,161 |